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��14�4�SS A11 insuran�e palici�s r�quired by L�nd�r and renewa�s of such policies shal�be subjec��o Lender's r��ht ta disappro�e su�h pol�ci�s, shall inc�ude a standard martgage clause, and sha�� name L.�nder as mor�ga�ee andlor as an additionai loss pa�ee. L�nder sha1�ha�re the right to hold the poiicies and renewal c�rt�ficates. �f Lender reqUires, Borrower sha�l promptl� give t� Lender a�� rece�pts of paid premiums and renev�ral notices. �f Borrovver obta�ns any forrn of z��surance�o�r�ra�e, not ath��-v�r�se required by Lender, for damage to, or destruGt�on of, the Proper�y, such po�icy sha�� inc�ude a standard mor��age ciause and sha�1 name L.�nder as mnr�gagee andlor as an additional �oss pa�ee. In th�ev�nt of l�ss, Borrower shail �i�ve promp�noti�e�o the insuran�e carrier and Lender. Lender may make proof of loss if no�made promptl�by Borrov�►ler. Unless L�nder and Borrower otherwise agree in wr�t�n�, any �nsurance proc�eds, whe�her ar no� the underlying insurance vvas r�qu�red b� L�nder, shall be app�ied to restora�ifln or repair�f�he Property, if�he restora�ion or repa�r is ecanam�ca��y feasible and Lend�r's s�curi�� is not�essened. During such repair and restorat�on period, Lender sha��ha�e the right to ho�d such insurance pr�ceeds un�ii Lender has had an oppor�unity to inspe�t such Property ta ensure the w�rk has been.comp�eted to L.ender's sat�sfaction, provide��ha� su�h insp�ct�an sha��be undertaken promp�ly. Lender rnay d�sburse proce�ds f`or�he repa�rs and rest�ration in a single paym�n�or�n a ser�es of progress pa�ments as the work��compl�ted. Unless an agre�men� is made in wr�tin�or Applicable Law requires in�eres��o be pa�d on such insuranc�procee�.s, Lender sha�I not b�requ�red�o pay Barr�w�r any inter�st�r earn�ngs on such proce�ds. Fe�s for pub��c adjus�ers, �r flther�hird parties, retain�d by Borrov�rer shali not�e paid out of the insurance prnc�eds and shal�be the s��e obligat��n of Borrower. If the r�stora�ion or repair is not�conomica�i�feasib�e or L.�nder's s�curity wou�d be�essened, the insuranc�proceeds shall be app��ed�a the sums secur�d by th�s Secur��y �nstrument, whe�her ar no�then due, wi�h the excess, if a�ny, paid ta Borrawer. Such�nsurance proceeds shall �e applied �n�he order pro��d�d f�r in Sec�ion 2. If Borrower aband�ns the Proper�y, Lender may #ile, negot�ate and se�tle an� a�aiiable�nsurance c�aim and re�ated mat�ers. If Borrower does no�respond wi��in 3�da�s�o a no��ce from I�ender tha�the insurance carr�er has offered ta sett�e a claim, �hen Lender may nego��ate and se��le the c�aim. The 34-da�per�od v�i�� �egin wh�n�he notice�s g�ven. In e��her e�ent, or if Lender acquires th�Property under Sect�on 22 or o�herv�ise, Borrov�er hereby ass�gns to Lend�r�a� Borrow�r's r�gh�s to any insurance proc�eds in an amoun� no�to exceed�he am�unts unpaid under the No�e�r�his Security �nstrument, and �b} any other of Sorrovv�r's rights �o�her�han the right to an�refund of unearned pre�m�ums paid b� Borrower}und�r ail insuranc�pol�c�es co�r�r�ng the Property, insofar as such rights are applicabie t��he caverage of the Proper��. Lender ma�use th�insurance proceeds e��her ta repa�r or rest�re the Proper�y or�o pay amaunts unpa�d under the Nat�or this Security �n�trument, wh�ther or not then du�. �. �ecupancy. B�rrovver sha�i occup�, establish, and use the Prapert� as Barrower's pr�nczpal res�dence within 6�da�s after�he execut�on of this Security Ins�rument and sha�� continue�a accupy�he Property as B�rrower's pr�n�ipa� residence for at�east one year af�er th�da�e of accupanc�, unless L�nder o�hervvi�e agre�� in�vri�ing, wh��h cansen� shal� no�be unreasonabl�withhe�d, or unless e�.tenuating c�rcums�ance� exist v�rhich ar�be�ond Borro�ver's control. ?. Preser�ativn. Ma�ntenance and Prvtectivn af the Property; �nspect�ons. Borrower�hall not destroy, damage ar impair�he Praperty, al�ow the Prnperty to de�eriorat�or comm��was�e on the Proper�y. Whether ar not Borrower is r�s�ding in the Property, Borrower shai� ma�nta�n the Propert� in order to prevent th� Propert�from deteriorat�ng or decreas�ng �n va�ue du�� i�s cond��ion. Unless it is de��rmined pursuant ta Sec��on 5 �hat repair or re��ratian is not econ�mica�� feasib�e, Bflrrnw�r shall pramptl� r�pa�r the Proper�y if damaged�a a�oid further de�eriora�ion or damag�. If insurance�r c�ndemnatxan praceeds ar�paid �n connecti�n vvi�h damage�a, or�he�aking af, the Property, Barro�ver sha11 be res�onsibie far repairing or restor�ng�he Pr�per��n�y if Lender has r�i�ased praceeds far such purp�ses. Lender rnay disburs�pro�eeds NEBRASKA-Single Family-�annie MaelFreddie MaG UN��RM INSTRLJM�NT �orm 3428 11�1 VMP Q VMPS(NEf t13�2y Wolters Kluwer�inancia!5er�ices Page 7 af�7